Government News
Tencent Gives Up on Buying China's Top Gaming Phone Maker Blackshark, Sources Say - October 12, 2022
Tencent Holdings has scrapped plans to buy Blackshark Technologies, China’s leading maker of gaming phones, as it decided to compensate for its shortcomings in the hardware field by hiking investment in software and technologies instead, an insider at the Chinese tech giant told Yicai Global.
China's BYD Paves Way for Expansion in Mexico, Malaysia - October 12, 2022
BYD, a Chinese new energy vehicle giant which has launched models in Europe, is making great strides in bringing its cars onto the streets of Mexico and Malaysia.
China Scores Top in Move to Green Energy, Climate Group Says - September 28, 2022
China is one of the countries that are making the biggest efforts to shift to renewable energy, according to a British not-for-profit organization.
China's Azure sets up first overseas battery plant in Malaysia - September 28, 2022
Jiangsu Azure Corp. is building a ternary cylindrical lithium-ion battery factory in Malaysia, its first overseas facility, to be closer to its foreign clients who account for nearly half of the Chinese battery maker's business.
China’s Robotics Sector Is Short of Five Million Engineers, Technicians - September 28, 2022
China's rapidly growing robotics industry is in desperate need of five million specially trained engineers and technicians, especially inter-disciplinary and high-level talent.
China to Extend Purchase Tax Waiver on NEVs to End of 2023 - September 28, 2022
China will extend to the end of next year the policy of exempting new energy vehicles from purchase tax to support development of the NEV market, in the third roll-over of the policy since it was introduced eight years ago.
Chinese exporters gain on Europe's Prep for costly winter heating - September 28, 2022
Europe is getting ready for a cold winter with restricted access to costly heating and Chinese manufacturers of space heaters and electric blankets are quick to respond to the demand.
Chinese cities glisten in financial center rankings - September 25, 2022
Chinese cities have four places in the top 10 global financial centers, according to the latest edition of the Global Financial Centers Index (GFCI 32) report.
Financial institutions support Shanghai's economic development - September 23, 2022
Banks and insurance institutions in Shanghai have made great efforts and achievements in supporting the city's economic and social development over the past decade. Over the past 10 years, both the assets and bank loans of Shanghai's banking industry have grown by over 140 percent.
Suning.com replaces first Carrefour China CEO to reverse loss - September 25, 2022
Suning.com has chosen a successor to the first chief executive of the China business of Carrefour three years after acquiring a controlling stake in it to further shrink the loss of the French supermarket chain in China.
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